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Internet streaming media platform launches in Nigeria

Considering the fact that most Nigerians have consistently complained of DSTV's high monthly subscription, would Netflix's expansion to Nigeria be a disadvantage to MultiChoice?

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Popular American internet streaming media service provider, Netflix, is set to launch across Africa today, January 6, 2015. It will be launching in Kenya and South Africa and Nigeria.

Netflix Inc's video-streaming services went live in more than 130 countries on Wednesday, covering almost the entire globe except China, in a huge global push by Chief Executive Reed Hastings to counter slowing growth at home.

India, Nigeria, Russia and Saudi Arabia were among the major countries where the service was launched, Hastings said at a Consumer Electronics Show keynote in Las Vegas.

While the platform may not record as much success in Africa as it has in other parts of the world due to the high cost of internet data, its chances of assembling a huge following is high as Africans are already fans of its series and programmes.

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Netflix recently featured some African productions likeundefined

As part of its mission to extend its services to the world, the internet streaming platform recently expanded into the Asian market with a launch in Japan and Italy in September and October, respectively.

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Netflix is popular for hit series like "Daredevil," "House of Cards," "Narcos," "Orange is the New Black" among others.

Additional report from Reuters.

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